Common use of Transfer Payment Clause in Contracts

Transfer Payment. A. At the completion of this Agreement through the legal procedures, Cashtech wire 25 million RMB converting US dollars to Wuxi ▇▇▇▇▇▇ account. (the date of the Exchange currency) B. About the rest of payment transfer, Cashtech pay Wuxi ▇▇▇▇▇▇ 2 million ABAT stock listed in US, according to the transfer of shares designated name for registration.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Advanced Battery Technologies, Inc.), Stock Purchase Agreement (Advanced Battery Technologies, Inc.)